CTR Holdings (HKSE:01416) Change In Receivables : HK$-109.9 Mil (TTM As of Aug. 2023)

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What is CTR Holdings Change In Receivables?

CTR Holdings's change in receivables for the quarter that ended in Aug. 2023 was HK$-43.9 Mil. It means CTR Holdings's Accounts Receivable increased by HK$43.9 Mil from Feb. 2023 to Aug. 2023 .

CTR Holdings's change in receivables for the fiscal year that ended in Feb. 2023 was HK$-53.6 Mil. It means CTR Holdings's Accounts Receivable increased by HK$53.6 Mil from Feb. 2022 to Feb. 2023 .

CTR Holdings's Accounts Receivable for the quarter that ended in Aug. 2023 was HK$65.8 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. CTR Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 34.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CTR Holdings's liquidation value for the six months ended in Aug. 2023 was HK$31.9 Mil.

CTR Holdings Change In Receivables Historical Data

The historical data trend for CTR Holdings's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CTR Holdings Change In Receivables Chart

CTR Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Change In Receivables

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12.88

-33.87

7.43

-72.18

-53.56

CTR Holdings Semi-Annual Data
	Feb17	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Change In Receivables	Get a 7-Day Free Trial							-26.01	-45.95	11.92	-65.95	-43.92

CTR Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-109.9 Mil.

CTR Holdings (HKSE:01416) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

CTR Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	65.822	/	351.459	*	91
=	34.18

2. In Ben Graham's calculation of liquidation value, CTR Holdings's accounts receivable are only considered to be worth 75% of book value:

CTR Holdings's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	159.597	-	177.219	+	0.75 * 65.822	+	0.5 * 0.261
=	31.9

CTR Holdings Change In Receivables Related Terms

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CTR Holdings (HKSE:01416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CTR Holdings Ltd (HKSE:01416) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Woodlands Close No. 08-11/12, Primz Bizhub, Singapore, SGP, 737854

Website

https://www.ctrholdings.com

CTR Holdings Ltd is an investment holding company. The company focuses on the provision of structural engineering works and wet architectural works services. The company generates maximum revenue from Structural engineering works. Geographically, the company derives revenue from Singapore. The Structural engineering works services of the company include reinforced concrete works which include steel reinforcement works, formwork erection and concrete works, and Precast installation works while the Wet architectural works services include Masonry building works; Plastering and screeding works; Tiling works and Waterproofing works.

Executives

Brave Ocean Limited	2101 Beneficial owner
Gou Shuzhen	2103 Interests held jointly with another person
Le Thi Minh Tam	2202 Interest of your spouse
Lin Qingling	2202 Interest of your spouse
Xu Junjie	2202 Interest of your spouse
Xu Tiancheng	2201 Interest of corporation controlled by you
Xu Xuping	2201 Interest of corporation controlled by you

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